GINDEL v. LONG ISLAND NAT'L BANK


36 A.D.2d 968 (1971)

Alvin Gindel, Respondent, v. Long Island National Bank, Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

May 17, 1971


Judgment reversed, on the law and the facts, with costs, complaint dismissed, and action remitted to the Supreme Court, Nassau County, for trial of defendant's counterclaim.

In January, 1967, plaintiff executed the instrument in question, guaranteeing, without limitations, the liabilities of Howard Fried, Inc. Assuming that plaintiff executed the instrument believing it to be a guarantee only of a loan of $10,000 by defendant to Howard Fried, Inc., for which the latter...

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